Stock #1 Quarterly Update Q4FY25 – English

Our NBFC stock’s Q4FY25 performance reflects the end of a challenging year marked by stress in its microfinance portfolio, but also signals early signs of recovery. Elevated delinquencies and credit costs from the MFI segment weighed on FY25 overall. The company maintained healthy disbursement momentum across other loan segments and continues to diversify its book. With calibrated risk management and supportive macro trends, the upcoming quarters could mark a turnaround. But how quickly can profitability bounce back—and is the risk-reward attractive from here? We break down the financials and forward-looking insights in this detailed analysis.